Rising poultry feed costs highlighted at EuroTier

Increases in world grain prices during the second half of 2010 have had a dramatic effect on the cost of feeding broiler chickens, according to calculations quoted by poultry consultant Gordon Butland at an international poultry panel held in Germany during the EuroTier 2010 exhibition.
As recently as June 2010, the total amount of corn contained in feeds for the world’s broilers represented a cost of approximately US$46million per day.
By the time of the panel at EuroTier in November 2010, this grain cost had risen by US$36 million to US$83 million daily.